Category Archives: Financial System

The Prospect August 2018 issue – review by Duncan Weldon – How economists predicted the wrong financial crisis. “As the 10th anniversary of the fall of Lehman Brothers approaches, many books on the financial crisis will be published. Few are likely to match Adam Tooze’s Crashed in scope, ambition or rigour. This is truly contemporary… Continue Reading

Washington Post: “In a quest to shrink national monuments last year, senior Interior Department officials dismissed evidence that these public sites boosted tourism and spurred archaeological discoveries, according to documents the department released this month and retracted a day later. The thousands of pages of email correspondence chart how Interior Secretary Ryan Zinke and his… Continue Reading

“The 2018 Global Slavery Index provides a country by country ranking of the number of people in modern slavery, as well as an analysis of the actions governments are taking to respond, and the factors that make people vulnerable. This year, so that we might better understand the problem, we have also included an analysis… Continue Reading

American Democracy in Crisis: The Challenges of Voter Knowledge, Participation, and Polarization – PPRI – Alex Vandermaas-Peeler, Daniel Cox, PhD, Molly Fisch-Friedman, Rob Griffin, PhD, Robert P. Jones, PhD, 07.17.2018 State of the Country – The Direction of the Country – “Despite a strong economy, Americans remain relatively pessimistic in their outlook on the direction… Continue Reading

IMF: “Amid rising tensions over international trade, the broad global expansion that began roughly two years ago has plateaued and become less balanced. In our latest World Economic Outlook Update, we continue to project global growth rates of just about 3.9 percent for both this year and next, but judge that the risk of worse… Continue Reading

GAO WatchBlog: “Today we issued a new revision of the Generally Accepted Government Auditing Standards, also known as the “Yellow Book,” which supersedes the 2011 revision of the standards. What kind of training and experience make a competent auditor? How is audit quality control to be maintained? How can an auditor tell if he or… Continue Reading

Artificial Lawyer: “AI will create more jobs than it displaces by boosting economic growth, and in particular more legal jobs will be created than lost in the long run, says a major report by Big Four firm, PwC. The study was focused on the UK, which is a useful standard model to compare to other large,… Continue Reading

Bloomberg News – “Jeff Bezos is the richest person in modern history. The Amazon.com Inc. founder’s net worth cracked $150 billion in New York on Monday, according to the Bloomberg Billionaires Index. That’s about $55 billion more than Microsoft Corp. co-founder Bill Gates, the world’s second-richest person. Bezos, 54, also has topped Gates in inflation-adjusted… Continue Reading

The Hill: “Special counsel Robert Mueller is asking a federal court in Virginia for 100 blank subpoenas in the case against former Trump campaign chairman Paul Manafort. The request was made in a filing on Wednesday. The subpoenas would require their recipients to testify in the U.S. District Court in Alexandria on July 25, when… Continue Reading

POGO: “Forty years ago, the U.S. Congress enacted the Inspector General Act of 1978. This landmark law established a greater stature for government oversight by our federal watchdogs. Congress granted the government agency inspectors general (IGs) new authorities. The new law promised more powerful, independent, and effective oversight than under previous law. Federal IGs have… Continue Reading

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